Bitcoin, Ethereum, Dogecoin End The Week With Strong Gains: ‘Summer Lull Seasonality Over, Q4 Bull Seasonality Is In,’ Says Trader

Cryptocurrency markets are trading higher on positive labor market data.

Notable Statistics:

• IntoTheBlock data shows large transaction volume increasing by 10.9%. Daily active addresses grew by 2.7%. Transactions greater than $100,000 are down from 8,750 to 8,422 in a single day. Exchanges netflows are up by 124.5%.
• Coinglass data reports 41,515 traders liquidated in the past 24 hours for $116.77 million. Long liquidations are at their lowest since Sep 27.
• Crypto chart analyst Ali Martinez cited CryptoQuant data that over the past six days, Bitcoin miners have sold 2,364 BTC worth $143 million.

Notable Developments:

• US Labor Market Posts Strong Data—What It Means For Bitcoin
• Satoshi Nakamoto Being Pseudonymous ‘Is One Of The Coolest Things Ever,’ Human Rights …

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